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This is a short summary from Jim Sinclair regarding the gold market which is always worth a read, in our humble opinion. Don’t forget that you can also visit his website and sign-up for his free newsletter as you read as widely as you possibly can.
Jim Sinclair
My Dear Extended Family,
Next week is the war between manipulation of gold by the West, and appetite for buying gold in the East, both from friendlies and enemies. Anyone that does not see today’s gold market as a rig is blind or brain dead. There is a full blown crisis in Western world banking today, right here and now. There is a full blown crisis in sovereign debt of some weaker nations as in a very short while certain government will be out of money. The Eurosnobs hate each other which does not make for a fast reconciliation of a crisis.
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